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Description
Exceptional Investment Opportunity Minutes from Downtown Erin! Set on a quiet paved road just outside of Erin, this ~75-acre property offers a rare combination of income potential, versatile living space, and country charm. With approximately 50 acres of prime arable land currently leased year-to-year at $175/acre, this is a smart addition to any investment portfolio. The main bungalow was stripped to the studs and fully renovated about 9 years ago, now offering two self-contained 2-bedroom units with reliable tenants (one on month-to-month). A new septic system was installed by Chard roughly 8 years ago, adding peace of mind. In 2013, the former workshop was transformed into a stylish and comfortable living space, reclad, spray foam insulated, and finished with soaring 10 ceilings, engineered hardwood and ceramic floors. The main level includes a generous den/home office with its own separate entrance ideal for remote work or client visits. The open-concept kitchen features granite counters, an island, backsplash, and abundant cabinetry, while the adjoining dining area walks out to a 14 x 30 BBQ deck perfect for entertaining. Solid Poplar trim and doors add warmth and character throughout. A detached 2-car garage with a storage loft completes the package. Please note: Land is not eligible for severance under current Provincial regulations.
Overview
Property ID:
HML-235346194649
Type:
Farm
Square:
2,565 ft2
Price:
$3,099,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
Yes
Heating:
Propane Gas
ParkingFeatures:
Unknown
YearBuilt:
6-15
TaxAnnualAmount:
5831.95
PossessionDetails:
Flexible 90 days
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